Everybody Thinks AI Is a Bubble. What If They’re Wrong?

Plain English with Derek Thompson

Two weeks ago, in one of our most popular podcasts of the year, the investor and author Paul Kedrosky explained why he thinks AI is a bubble. In the last few days, practically everybody seems to agree.
I hate this. I don’t like feeling like my position is the same position as everybody else’s. Conventional wisdoms are often more conventional than wise, and I’ve started to wonder: Is there a bubble of people calling AI a bubble?
Today’s guest says yes. Azeem Azhar is an investor and the author of the blog Exponential View. Like Paul, Azeem is a fantastic explainer and storyteller, and I’m satisfied that Plain English has now presented the strongest possible arguments for and against AI being a bubble. If you want to know where I land, you’ll just have to listen to the end of the show.

If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com.


Host: Derek Thompson
Guest: Azeem Azhar
Producers: Devon Baroldi and Kaya McMullen

Learn more about your ad choices. Visit podcastchoices.com/adchoices

More description

Two weeks ago, in one of our most popular podcasts of the year, the investor and author Paul Kedrosky explained why he thinks AI is a bubble. In the last few days, practically everybody seems to agree.
I hate this. I don’t like feeling like my position is the same position as everybody else’s. Conventional wisdoms are often more conventional than wise, and I’ve started to wonder: Is there a bubble of people calling AI a bubble?
Today’s guest says yes. Azeem Azhar is an investor and the author of the blog Exponential View. Like Paul, Azeem is a fantastic explainer and storyteller, and I’m satisfied that Plain English has now presented the strongest possible arguments for and against AI being a bubble. If you want to know where I land, you’ll just have to listen to the end of the show.

If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com.


Host: Derek Thompson
Guest: Azeem Azhar
Producers: Devon Baroldi and Kaya McMullen

Learn more about your ad choices. Visit podcastchoices.com/adchoices

2025-10-17 52 min
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